Restaurants Increase Commercial Appliance Buying Plans and Other Capital Spending Mar 5, 2013

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Restaurant operators saw signs that made them more optimistic in January 2013, which helped push the National Restaurant Association Restaurant Performance Index (RPI) to its highest level in five months. The RPI in January was 100.6, up 1.0% from December and its highest point since August 2012. January also marked the first RPI since September to top 100, pointing to expansion in key industry indicators.

Restaurant operators increased capital spending in the January report, with 52% reporting a capital expenditure for equipment, expansion, or remodeling in the previous three months; that's up from 45% who reported the same thing in the previous month's report.

Operators six-month capital spending plans were also up, with 59% planning to buy equipment or pay for expansion/remodeling, up from 50% in the previous month's report.

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